WWW Q1 2022 Earnings — Wolverine World Wide, Inc. Revenue & Financial Results | Market Cap Arena

WWWWolverine World Wide, Inc.

$1B

Q1 2022 Earnings

Consumer Cyclical Apparel - Footwear & Accessories

Income Statement

Revenue

$615M+20.4% YoY

Gross Profit

$261M42.5% margin

Operating Income

$20M3.2% margin

Net Income

$10M1.6% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

-3.3%

Cash Flow

Operating Cash Flow

-$93M

Free Cash Flow

-$100M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$2.1B

Stockholders' Equity

$597M

Cash & Equivalents

$150M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$615M	$511M	+20.4%
Gross Profit	$261M	$222M	+17.5%
Operating Income	$20M	$58M	-66.3%
Net Income	$10M	$39M	-74.8%

Revenue Segments

Wolverine Michigan Group

$329M54%

Wolverine Boston Group

$212M35%

Other Segments

$73M12%